Commercial building/Office for sale - Downtown
$3,500,000 +taxes

1749 - 1751 Rue St-Denis, Downtown, Central, Montréal

Listing brokers : Emmanuelle Beaudet - Engel & Völkers ● Yannick Ménard - Engel & Völkers ● # 11813944

284.5 mc

1875

Description

Commercial and residential building in the heart of the Quartier Latin. Exceptional four-story property ideally located on Saint-Denis Street, at the center of one of Montréal's most vibrant neighborhoods. It offers outstanding visibility and generates stable annual revenues of $191,100 from its 2 residential units and 2 commercial units, representing a prime investment opportunity.

Details

Heating system: Electric baseboard units

Water supply: Municipality

Heating energy: Electricity

Equipment available: Wall-mounted air conditioning

Kind of commerce: Brasserie

Type of business/Industry: Service

Proximity: Highway; Public transport

Sewage system: Municipal sewer

Zoning: Commercial; Residential

Addenda

Revenue Details:

- Commercial unit 1749 St-Denis: annual rent of $134,400 (triple net) + additional rent of $48,900 (75% of operating expenses). Renewal option until 2045. Area of 2,730 sqft. plus 2,000 sqft. in the basement.

- Commercial unit 1-1751 St-Denis: annual rent of $20,100

- Residential unit 2-1751 St-Denis: annual rent of $19,800

- Residential unit 3-1751 St-Denis: annual rent of $16,800

Building fully renovated in 2000.

Visits upon accepted promise to purchase.